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Announcement on Supporting the BitTorrent (BTT) Airdrop Program for TRON (TRX) Holders

2019-02-14 12:18:04 2091 0

Dear traders,

Bit-Z will support the BitTorrent (BTT) Airdrop Program for TRON (TRX) holders.

For the first airdrop, Bit-Z will take a snapshot of all TRX holders on Bit-Z at block height 6,600,000 on the TRON blockchain (estimated to be 2019/02/11) and distribute BTT to TRX holders at a ratio of 1 TRX = 0.11 BTT.

Monthly BTT Airdrop Program

1. Bit-Z will take a snapshot of TRX balances at 0:00 (UTC) on the 11th day of each month and distribute BTT based on the following calculation:

BTT received by User A = Amount of TRX held by User A at the time of snapshot / Total TRX held by Bit-Z at the time of snapshot * Total BTT received by Bit-Z based on total TRX holdings for the respective monthly airdrop.

2. The amount of BTT airdropped each month from 2019 to 2025 is as follows:

2019/03/11 - 2020/02/11: 990,000,000 BTT airdropped to TRX holders on the 11th day of each month during this period

2020/03/11 - 2021/02/11: 1,072,500,000 BTT airdropped to TRX holders on the 11th day of each month during this period

2021/03/11 - 2022/02/11: 1,155,000,000 BTT airdropped to TRX holders on the 11th day of each month during this period

2022/03/11 - 2023/02/11: 1,237,500,000 BTT airdropped to TRX holders on the 11th day of each month during this period

2023/03/11 - 2024/02/11: 1,320,000,000 BTT airdropped to TRX holders on the 11th day of each month during this period

2024/03/11 - 2025/02/11: 1,402,500,000 BTT airdropped to TRX holders on the 11th day of each month during this period

3. Bit-Z will distribute the BTT airdrop to users at once after receiving BTT every month.

Please note:

  • TRX tokens that are pending deposit or withdrawal at the time of each snapshot will not count towards your TRX balance. Please ensure you leave sufficient time for deposits and withdrawals to complete prior to the snapshot.

  • TRX balances under 100 TRX (including those in trade orders) will not be eligible for the airdrop.

Learn more from the official announcement of TRON: BitTorrent Foundation unveils more details regarding BitTorrent (BTT) airdrops for TRON (TRX) holders.

 

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Thank you for your support!

Bit-Z Team

Jan 31, 2019

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